Categories: World

India proposes to open up power retail sector to private cos, draft bill shows

Published by
TDG Syndication

NEW DELHI, Oct 10 (Reuters) - India plans to open up its electricity retail market for private companies, ending the dominance of state-run distributors in some states, according to draft regulations proposed by the federal power ministry. The move will allow private companies such as Adani Power , Tata Power, Torrent Power and CESC to strengthen their presence in the country. (Reporting by Sethuraman NR and Sarita Singh; Editing by Sonia Cheema) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication